MetaTrader 4 MT4 is available to all live account holders. A top-tier trading platform, clients get dozens of drawing and analytical tools, along with interactive charts across 9 timeframes. Expert advisors allow for automated trading while live economic news is published on the platform. The user-friendly platform can be downloaded to desktop and mobile devices. The MT4 terminal is also available as a webtrader. The broker does not charge trading commissions.
Spreads are competitive, particularly with the Expert and VIP accounts, with average spreads of 1. In contrast, the standard Master account offers average spreads of 1. Leverage varies by account type. The greatest leverage levels are available on the Master account at while is offered with Expert and with VIP. These are high ratios and mean traders can employ a range of strategies.
The only downside is that high leverage does increase risk exposure. The powerful mobile application hosts a range of charts and indicators to suit various price analysis techniques. Total account management is also available, from instant deposits to withdrawal requests.
Sign-up offers and ongoing promos are also extended to mobile traders. Minimum deposit requirements vary by account type. There are no deposit fees and traders can fund accounts using multiple payment solutions, including:. Subsequent transactions are subject to variable fees, such as a 2. This is expensive and a real drawback, especially for traders looking for low-cost providers. Withdrawal timelines are fairly standard, taking up to several days to receive profits.
NPBFX offers a demo account with access to virtual funds and real market prices. This is a good way to become familiar with the trading platform, test strategies risk-free, and view live spreads. The broker also offers a battle contest on the demo account — a competition for traders of all abilities to build skills and earn funds for live accounts.
NPBFX offers a decent suite of bonuses and promos. Prizes are staggered with watches, phones and even cars available for those that trade in high volumes. Additionally, there is a compensation scheme for traders that lose their first deposit — up to half of your initial deposit can be redeemed.
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NPBFX (NEFTEPROMBANK FOREX) company provides brokerage services in the Forex market since Quotes are available for 38 currency pairs, as well as gold. NPBFX is a trading name of NMarkets Limited. The services on the website are. The NPBFX Forex broker provides its customers with an ability to use the most convenient methods for the funds depositing and withdrawing (e-wallets, credit.